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10 Facts You Need to Know About Licensed Moneylenders in Singapore

The Ministry of Law regulates licensed Moneylenders This means that there are rules and regulations that Licensed Moneylenders must adhere to, and they can be penalized if they don’t.  For example, Licensed Moneylenders must adhere to a cap on the interest rates they can charge, and they’re not allowed to charge any fees whatsoever. You …

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